Business & Economy
Sanwo-Olu Unveils New Blue Line Trains in Lagos
Lagos State Governor, Mr. Babajide Sanwo-Olu, has officially handed over three newly acquired train sets for the Blue Line rail project to the ...
Business & Economy
Dangote Names Refinery Road After President Tinubu, Vows End to Petrol Queues
In a significant gesture, Aliko Dangote, President of the Dangote Group and Africa’s richest man, has named the road leading to the Dangote ...
Business & Economy
Banks to Deduct Fees from Airtime — NCC Issues Fresh Directive
In a significant shift in the billing structure for mobile banking services, the Nigerian Communications Commission (NCC) has directed Deposit Money Banks (DMBs) ...
Business & Economy
Presidency Vows to Clear N2 Trillion Power Sector Debt by Q3
The Nigerian Presidency has reaffirmed its commitment to settling the N2 trillion legacy debt owed to electricity generation companies (GenCos) before the end ...
Business & Economy
Fuel Scarcity Looms Ahead of Sallah as Mokwa Bridge Collapse
As Nigerians prepare for the 2025 Eid al-Adha celebrations, fears of a looming fuel scarcity have intensified following the collapse of the Mokwa ...
Business & Economy
Fuel Prices May Rise as FG Moves to Enforce 5% Road User Charge
Abuja, Nigeria — The price of Premium Motor Spirit (PMS) and Automotive Gas Oil (diesel) may soon increase as the Federal Ministry of ...
Business & Economy
Dangote Refinery Becomes Beacon of Hope for Africa — ECOWAS President
Lagos, Nigeria – President of the ECOWAS Commission, Dr. Omar Alieu Touray, has lauded the Dangote Petroleum Refinery as a symbol of African ...
Business & Economy
IPMAN Accuses NNPCL of Fuel Sector Monopoly, Urges Emergency Action on Refineries
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has accused the Nigerian National Petroleum Company Limited (NNPCL) of fostering monopoly in the nation’s ...
Business & Economy
CBN Unveils Non-Resident BVN Platform to Boost Diaspora Banking, Financial Inclusion
Abuja, Nigeria — In a landmark move to deepen financial inclusion and strengthen economic ties with Nigerians abroad, the Central Bank of Nigeria ...
Business & Economy
Power Crisis Deepens as NDPHC Laments N600bn Debt, Stranded 2,000MW Capacity
The Niger Delta Power Holding Company (NDPHC) has raised alarm over crippling financial and operational challenges threatening its capacity to deliver electricity to ...